July 2008

MARC Investor Guide

Posted Date : 29 Jul 2008 MARC is pleased to announce its Inaugural issue of MARC Investor Guide (MIG). MIG is a quarterly publication and it compiles valuable hands-on information such as in-house economic and fixed income research articles, rating activities and studies as well as the lead managers list as hands-on information to the …

MARC Investor Guide Read More »

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MARC lowers its 2008 GDP growth forecast to 5.2%; revises its estimate of new bond issuances down to RM40 – 45 billion

Posted Date : 17 Jul 2008 MARC foresees a moderation in Malaysia’s GDP growth in the 2H2008 as the domestic economy adjusts to the decelerating global economic activity and the recent larger-than-expected fuel hike. Growth trajectory in the 2H2008 will largely hinge on the speed and magnitude of this adjustment.  Inflation is expected to be …

MARC lowers its 2008 GDP growth forecast to 5.2%; revises its estimate of new bond issuances down to RM40 – 45 billion Read More »

Windfall profit levy (electricity) Order 2008 : Thoroughly thought through?

Posted Date : 09 Jul 2008 MARC expects the outcome of the Windfall Profit Levy (Electricity) Order 2008 would be, reduced project returns and lowered debt servicing ability on the part of affected independent power producers (IPPs), if implemented. The impact will be uneven across different classes of IPP project debts. Holders of subordinated debt will be …

Windfall profit levy (electricity) Order 2008 : Thoroughly thought through? Read More »